ISM

ISM reports Services economy turns in solid December performance to end 2024, notes ISM

Wednesday, January 8, 2025 · Jeff Berman The December Services PMI, at 54.1 (a reading of 50 or higher signals growth) rose 2.0% over November’s 52.1 reading, growing, at a faster rate, for the sixth consecutive month, and for the 52nd time in the last 55 months, going back to the initial recovery from the…

Manufacturing contracts in December, but prospects are positive for 2025, reports ISM

Friday, January 3, 2025 · Jeff Berman The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.

Services economy sees gains for fifth straight month in November, reports ISM

Wednesday, December 4, 2024 · Jeff Berman The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.

November manufacturing output increases but with more room to run, reports ISM

Monday, December 2, 2024 · Jeff Berman The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over November’s 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since…

Services sector sees growth in October, reports ISM

Tuesday, November 5, 2024 · Jeff Berman The October Services PMI, at 57.2 (a reading of 50 or higher signals growth), was up 1.1% over September, growing, at a faster rate, for the fourth consecutive month.

ISM reports Services economy heads up in August for third consecutive month in September

Thursday, October 3, 2024 · Jeff Berman The September Services PMI, at 54.9 (a reading of 50 or higher signals growth), rose 3.4% from August.

ISM report highlights June manufacturing declines

Monday, July 1, 2024 · Jeff Berman The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from May’s 48.7, which was down 0.5% from April’s 49.2.

ISM reports that services sector sees continued growth in March

Wednesday, April 3, 2024 · Jeff Berman The Services PMI, at 51.5 (a reading of 50 or higher signals growth), fell 1.2% in March, while growing, at a slower rate, for the 15th consecutive month.

ISM reports manufacturing sees growth in March, snaps 16-month stretch of contraction

Tuesday, April 2, 2024 · Jeff Berman The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping March’s 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The…

ISM reports another month of services sector growth in February

Tuesday, March 5, 2024 · Jeff Berman The Services PMI, at 52.6 (a reading of 50 or higher signals growth), fell 0.8% in February, while growing, at a slower rate, for the 14th consecutive month. This marks growth in 44 of the last 45 months, with December 2022 being the one month with a decline over that period.

February manufacturing output declines, notes ISM

Friday, March 1, 2024 · Jeff Berman The report’s benchmark metric, the PMI came in at 47.8 (a reading of 50 or higher indicates growth), down 1.3% compared to January’s 49.1 reading, contracting, at a faster rate, for the 16th consecutive month.

ISM reports services economy is off to a solid start in 2024

Monday, February 5, 2024 · Jeff Berman The Services PMI, at 53.4 (a reading of 50 or higher signals growth), was up 2.9% in January, growing, at a faster rate, for the 13th consecutive month. This marks growth in 43 of the last 44 months, with December 2022 being the one month with a decline over that period. ISM…

Manufacturing Gets Closer to Growth Territory in January, Reports ISM

Friday, February 2, 2024 · Jeff Berman The report’s benchmark metric, the PMI, came in at 49.1(a reading of 50 or higher indicates growth), up 2.0% over January’s 47.1 reading, contracting, at a slower rate, for the 15th consecutive month. The past 15 months of contraction were preceded by a stretch of 28…

Service Sector PMI Records Highest Reading In 12 Months

Wednesday, December 6, 2023 · Jeff Berman November services economy activity remained in growth mode, according to the new edition of the ISM Report on Business, which was issued Tuesday by the Institute for Supply Management (ISM).

Manufacturing Output Flat Month-to-Month, But Positive Signs Emerge

Monday, December 4, 2023 · Jeff Berman While the Institute for Supply Management’s monthly PMI remains in negative territory for November, several sectors are beginning to show signs of recovery.